Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business

Overall efforts to use bitcoin the asset and the Bitcoin blockchain for payments have seen little success, though the Lightning Network, a layer-2 blockchain where Bitcoin transactions can be offloaded for more-efficient processing, aims to turn that into reality.

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• Source: https://www.coindesk.com/business/2024/02/07/crypto-firm-bakkt-warns-it-might-not-be-able-to-remain-in-business/?utm_medium=referral&utm_source=rss&utm_campaign=headlines